(Reuters) Hedge funds started to reduce their record bullish position in crude and refined products in the week to Nov. 21 amid growing concerns about the possibility of a sharp price reversal. The net long position held by hedge funds and other money managers in the five main petroleum futures and options contracts covering crude and fuels were cut to 1,092 million barrels from a record 1,120 million on Nov. 14….
Hedge Funds Lighten Bullish Positions in Oil
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